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Crypto market capitalization will grow by $1 trillion in case of approval of a spot bitcoin-ETF
The analytical company CryptoQuant in a new report on the cryptocurrency market writes that in the case of approval of the bitcoin-ETF capitalization of BTC can grow by $155 billion, and the total capitalization of the entire crypto market by $1 trillion, with the infusion of only 1% of institutional capital into the market.
According to analysts' calculations, the price of BTC in this case could rise to $50-70 thousand.
🤑 Global currencies against the U.S. dollar over the last 10 years:
🇻🇪: -99.9%
🇦🇷: -98.3%
🇹🇷: -92.6%
🇷🇺: -66.7%
🇧🇷: -55.4%
🥇 Bitcoin: +21,369% 🚀
🗓 The month of september
closed with a green return
after 7 years since 2016.
👉🏻 October is historically one
of the most bullish months
for Bitcoin❗️🥇
What is a brain wallet?
A “brain wallet” is a method of cold storing crypto... in your head. Yes, there is such a thing, too 🙂
In order to create a brain wallet, you must come up with and memorize a lengthy phrase (at least 8 words), which is then hashed, from which you can derive the public and private wallet keys.
By using “brain storage,” you can keep this sentence entirely in your head and avoid having to write it down anywhere.
It’s a fun yet unsafe way to work with crypto:
▪️ First, to put it mildly, if something happens to the user’s brain, access to the wallet is lost forever.
▪️ Second, the phrase can be forgotten.
▪️ Thirdly, such phrases are much easier to hack than our usual seed phrases of 12 or 24 random words.
But there are also advantages:
You definitely don’t have to fear that someone will find your seed phrase written on a piece of paper and steal your crypto 😅
However, we must repeat: This is an unsecure method of storing crypto, and we don’t recommend it.
What does Warren Buffett think about crypto?
Warren Buffett has truly been one of the most consistent critics of cryptocurrencies.
By his definition, Bitcoin is “probably rat poison squared,” and the cryptocurrency market is a place where “dubious individuals are trying to screw over people who dream of getting rich by looking at their neighbors who got rich by buying stuff none of them know anything about.”
“People start being interested in something because it’s going up, not because they understand it or anything else. But the guy next door, who they know is dumber than they are, is getting rich, and they aren’t,” he said. “And their spouse is saying, Can’t you figure it out, too? It is so contagious. So, that’s a permanent part of the system.”
Not the most optimistic reasoning, is it?
But let’s not forget that Buffett, although a great investor, is still a human being, who, by the way, has also made big mistakes in analyzing assets in his career (just like all of us).
The reality is that many reputable economists, entrepreneurs, and investors believe in the bright future of our industry 💪😎🚀
🥇 Elon Musk mentioned that Tesla would recommence Bitcoin payments once mining becomes approximately 50% sustainable.
Bloomberg has now released a report verifying that the current sustainable usage surpasses 50%.
👉🏻 Elon, when will Tesla resume accepting $BTC payments?
The iPhone 15 went on sale around the world over the weekend, with some fans queuing for 17 hours.
The new iPhone comes with a host of new features, including USB-C charging and an “Action Button.”
But the iPhone 14 is now selling for $100 cheaper.
🤑 Global currencies against the U.S. dollar over the last 10 years:
🇻🇪: -99.9%
🇦🇷: -98.3%
🇹🇷: -92.6%
🇷🇺: -66.7%
🇧🇷: -55.4%
🥇 Bitcoin: +21,369% 🚀
HSBC users can now pay their mortgage bills and loans using cryptocurrency through FCF Pay.
👛 Telegram has integrated Wallet into its interface
To enable the item in the menu, you need an updated version of Telegram, as well as activation of Wallet in the official bot
🇺🇸Microsoft plans to integrate a crypto wallet into the Xbox gaming console!
Meta AI Assistant Launches to Compete With Chatbots Like Chatgpt
Meta Platforms, the parent company of Facebook and Instagram, launched its own chatbot based on artificial intelligence AI technology.
Amazon succeeded in obtaining a two-and-a-half-year prison sentence against two people for submitting fake product reviews on its site.👨⚖️
The defendants were communicating with sellers on Amazon and offering them positive reviews of their products, or negative reviews of competitors’ products, in exchange for money.
After local police investigations, they were arrested, convicted, and sentenced to two and a half years in prison and three years of probation.
Amazon obtained this ruling on two of their nationalities and their place of residence in China, so it makes no difference what your nationality is or where you live.
Now the ChatGPT tool supports browsing the Internet and obtaining the latest information 🤖
The tool was limited to information from the date of September 2021, but now you can request information from it with the latest date and it will provide you with the information in its source.
The feature will be available in the paid version of the ChatGPT Plus tool.
🇨🇳 Shares of China Evergrande plunged 21% on Monday after the embattled developer said it was unable to issue new debt due to an ongoing investigation into one of its subsidiaries.
Upgrades, people. Upgrades.
In addition to getting a generative AI-powered upgrade, and the ability to continue conversations without again using the wakeword “Alexa,” Amazon’s voice assistant is going to gain a more natural-sounding voice.
The company introduced an updated “speech-to-speech” engine that’s now more context-aware of the user’s emotions and the tone of your voice, which then allows Alexa to respond with a similar emotional variation in its output.
Bloomberg reported that the US Securities and Exchange Commission (SEC) failed in its case in court demanding that officials be immediately allowed to investigate and inspect the Binance.us platform, which is considered a new failure for the SEC in its case against the Binance platform.
The SEC says it has had difficulty obtaining information from BinanceUS since it filed the lawsuit against the exchange.
Yesterday, the SEC asked a federal court judge to allow an inspection of BinanceUS' technology infrastructure, and to force the company to share other information it was requested.
However, the judge did not grant the SEC's request for an urgent inspection.
Twitter is moving to cancel the free use of the site, and switch to a paid platform with a monthly subscription 💩
*Beep Beep* Motocompacto coming through.
Honda's new e-scooter, the all-electric Motocompacto, is inspired by the Motocompo the company sold in the early 1980s, which also featured a foldable design but which of course featured an internal-combustion engine.
The new Motocompacto folds down for portability, has a total range of 12 miles, and a battery that charges to full in 3.5 hours with its onboard charger using a standard household outlet.
It will retail for $995, and will go on sale at Honda and Acura dealers in November, in case you were thinking this was just a concept.
🍎 Apple explores launching built-in stock trading on iPhones.
Apple was exploring the launch of an iPhone feature that would let users buy and sell stocks, according to three sources familiar with the plans.
The offering would have been in partnership with Goldman Sachs, which has worked with Apple on other financial products.
